The True Cost Of The Energy Crisis Is Yet To Be Seen

Consumers all over the world have already started to feel the pinch of the global natural gas crisis and surging prices in Europe and Asia. Households in Europe are paying much higher gas and power prices, while nearly half of U.S. consumers are bracing for a 30-percent jump in winter energy bills as they primarily use natural gas for heating.  The pain for consumers won’t stop with higher winter energy bills. The natural gas price surge has also triggered price increases for global food and fuel. Both are set to jump in the coming months,…